Bard Associates Inc. Lowers Holdings in Smith-Midland Co. (NASDAQ:SMID)

Bard Associates Inc. lowered its holdings in shares of Smith-Midland Co. (NASDAQ:SMID) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,671 shares of the company’s stock after selling 700 shares during the quarter. Smith-Midland makes up 1.3% of Bard Associates Inc.’s portfolio, making the stock its 22nd biggest holding. Bard Associates Inc. owned approximately 1.62% of Smith-Midland worth $3,809,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMID. Charles Schwab Investment Management Inc. grew its holdings in Smith-Midland by 5.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,101 shares of the company’s stock valued at $582,000 after buying an additional 732 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Smith-Midland by 16.2% during the fourth quarter. Bank of New York Mellon Corp now owns 11,144 shares of the company’s stock valued at $495,000 after acquiring an additional 1,553 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in Smith-Midland by 1.9% in the 4th quarter. Thompson Davis & CO. Inc. now owns 1,784,921 shares of the company’s stock valued at $79,358,000 after acquiring an additional 33,957 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in Smith-Midland in the 4th quarter worth $48,000. Finally, Barclays PLC lifted its stake in Smith-Midland by 236.3% in the 3rd quarter. Barclays PLC now owns 6,984 shares of the company’s stock worth $233,000 after purchasing an additional 4,907 shares in the last quarter. Institutional investors own 49.94% of the company’s stock.

Smith-Midland Trading Down 6.1 %

Shares of Smith-Midland stock opened at $32.04 on Tuesday. Smith-Midland Co. has a twelve month low of $25.03 and a twelve month high of $51.96. The company has a quick ratio of 2.28, a current ratio of 2.78 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $39.68 and a 200-day moving average price of $38.21. The firm has a market cap of $169.97 million, a price-to-earnings ratio of 26.48 and a beta of 1.38.

Smith-Midland Profile

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems in the United States. It offers SlenderWall lightweight construction panel, lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings, used in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility, vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels, it absorb highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding.